From the consumer plaintiffs’ perspective, a recent appellate decision in Rundgren v. Washington Mutual Bank, FA, is far from Utopia.

After filing for US bankruptcy protection in Texas based on aJapanese bankruptcy, the Judge ordered that Mt.

Mt. Gox shut down and a lawsuit was filed that alleges Mt. Gox and Mark Karpeles’ “catastrophic loss …uncovered a massive scheme to defraud millions of consumers into providing a private company with real, paper money in exchange for virtual currency.”  Computerworld reported that Mt.